NOT LISTED FOR SALE

53 Monadnock St Gardner, MA 01440

11 Beds
5 Baths
3,800 Sq Ft
0.26 Acres

Last Sold June 01, 2023

Last sale price $565,000 $149 Per Sq Ft

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • Jogging Path
  • Medical Services
  • Community Pool
  • Enclosed Patio or Porch

About This Home

As of June 2023

Turnkey 5-unit building located close to all downtown has to offer. All units have been renovated and have spacious floorplans. There is one 3-bedroom unit and four 2-bedroom units. Many updates have been done including vinyl siding and windows. There is plenty of parking and also a 3-car garage. Low operating expenses. Great investor opportunity.

Last Agent to Sell the Property

Trish Marchetti

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/31/2023

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Brian Donoghue

Universal Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,246

Year Built

  • Built in 1930

Lot Details

  • 0.26

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,800 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Laundry Room
  • Enclosed Patio or Porch
  • 0.26 Acre Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $6,495
  • Rent includes unit 1(heat water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
  • Assessor Parcel Number M:M27 B:24 L:26,3535706

Community Details

Overview

  • 5 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $1,284
  • Insurance Expense $1,774
  • Water Sewer Expense $3,720
  • Operating Expense $10,398
  • Net Operating Income $67,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,246

Year Built

Built in 1930

Lot Details

0.26 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1930
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Electric Range
  • Total Bedrooms: 11
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry
  • Living Area: 3800
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AN6527
  • MAIN SO: D95031

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Oil), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3720

Lot Info

  • Parcel Number: M:M27 B:24 L:26,3535706
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11327
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6246

Multi Family

  • Electric Expense: 1284
  • Insurance Expense: 1774
  • Net Operating Income: 67482
  • Number Of Units Total: 5
  • Operating Expense: 10398
  • Total Actual Rent: 6495
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $565,000 +2.7% $149 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $550,000 +74.1% $145 / Sq Ft
09/06/2019 09/06/19 Sold $316,000 +5.4% $83 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $299,900 +130.7% $79 / Sq Ft
03/29/2013 03/29/13 Sold $130,000 0.0% $34 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $130,000 -- $34 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $71 $496,500 $69,300 $427,200
2024 $6,291 $419,700 $63,000 $356,700
2023 $6,246 $387,200 $62,100 $325,100
2022 $5,603 $301,400 $47,100 $254,300
2021 $5,116 $255,300 $40,900 $214,400
2020 $4,246 $215,100 $40,900 $174,200
2019 $3,978 $197,500 $40,900 $156,600
2018 $3,468 $171,100 $40,900 $130,200
2017 $3,324 $162,300 $40,900 $121,400
2016 $3,322 $162,300 $40,900 $121,400
2015 $3,814 $190,900 $40,900 $150,000
2014 $3,836 $203,300 $45,400 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093617

MLS Property Information Network (MLS PIN)
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